Paul DE Grauwe of the University of Leuven says that if Britain couldn't roll over its debt at acceptable interest rates, it could ultimately force the Bank of England to buy it.

鲁汶大学的保罗。德格罗维(Paul De Grauwe)说，如果英国不能在可接受的利率基础上用新债替代旧债，它可以最终迫使英格兰银行购买这些债务。

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"The political consequences of austerity have been borne by the Monti government, while the European institutions that have enforced it go free, " Mr. De Grauwe said.

WSJ: Pose Counterweight to Voters' Wishes

By pooling risk, Eurobonds could be a more durable counter to such destabilising liquidity crises, argues Paul De Grauwe, an economist at the Catholic University of Leuven, in Belgium.

ECONOMIST: Eurobonds could restore confidence, but at a cost